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Microcap & Penny Stocks : NuOasis (NUOA) formerly NONA

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To: Theodore G. Gresch who wrote (656)10/29/1998 10:49:00 AM
From: Theodore G. Gresch  Read Replies (2) of 1622
 
To All, What does the future hold for NUOA? Why was this deal done? Is this a scam? I have finally put the pieces of the puzzle together. The following scenario describes my thoughts, I do not have inside information.

NuOasis International (a sub of NUOA) was unable to attract an equity partner due to its structure. Perhaps the flaw in its structure is due to its incorporation in the Bahamas. NUOA the parent was not the answer either since, it has been relegated to the OTC BB.

At one time NUOA was very close to partnering with a large world wide European hotel chain. The name of which I can not remember. Perhaps Ken or Jeff can help me out here. Anyway, this partnership or perhaps another will occur soon. The missing link was the structure necessary for an equity partnership, a U.S. based company which was listed on a national exchange. FXWA will be that vehicle.

How will the deal between FXWA and NUOA workout. FXWA will not repay the principle or the interest due NUOA. It will concede all of the warrants instead as paid in full. NUOA and FXWA will either combine interests at that time or NUOA will distribute FXWA stock to its shareholders.

Much time and effort has gone into creating this deal. I do not see a significant gain to its creators should this be a scam. FXWA as all you nay-sayers have pointed out cannot hold its value once the MM let it run, unless FXWA has the goods to back it up. Those goods will be the Tunisian entities along with other ventures in Spain and the Caribbean.

Due your own DD. Come to your own conclusions. I'm in for the long run.

Ted
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